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HB 1256

Maryland House of Delegates bill in Session 2026.

Status: introduced. Latest action: May 15, 2026.

Income Tax - Angel Investor Tax Credit.

Bill ID MD-2026-HB-1256
Session 2026
Status introduced
Committee Ways and Means
House of Delegates introduced 2026-05-15
Business / Commerce Tax / Budget / Appropriations
Summary

Allowing a credit against the State income tax for 33% of an investment made in qualified Maryland companies, not to exceed $250,000 except in certain counties; requiring the Department of Commerce to maintain an online portal providing information about the credit and managing applications for the credit; providing that a qualified investor shall make an investment in a qualified Maryland company within 30 calendar days after the Department issues an initial tax credit certificate; etc.

Sponsor
Delegate Nkongolo
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-02-12 Introduced Bill introduced
2026-02-12 Status introduced
2026-05-15 Latest Action In the House - Hearing 3/05 at 1:00 p.m.
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